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beautiful sunrise in washington, d.c. good morning and welcome to morning joe. it is thursday, may 18th. donald trump has claimed that he could declassify materials just by thinking about them. like i dream of jeannie. but there is new evidence in the mar-a-lago documents investigation that proves he knows it s not true. the former president is seizing on two failed endorsements in florida from governor ron desantis, while ignoring the lack of success his candidates had in the last election. also ahead, the latest on the debt ceiling negotiations with both sides digging in on one big issue. we ll explain what that is. and we re keeping an eye on president biden this morning as he is in japan for the g7 summit. welcome, everybody. along with joe, willie and me, we have the host of way too early, white house bureau chief at politico, jonathan lemire. former aide to the george w. bush white house and state departments, elise jordan is with us. and former wh ....
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Mccarthy says the issue is his red line. former treasury official and morning joe economic analyst steve rattner is at the big wall with charts, explaining this dilemma. steve, what cha got? mika, we ve been talking during the debt ceiling thing about spending cuts and the extent of the spending cuts the republicans want, but we should talk for a minute about revenues, particularly because there were some new numbers that came out yesterday from the congressional budget office that kind of underscore what the republicans have in mind on revenues. kevin mccarthy is on record as saying he wants to extend the trump tax cuts, which are supposed to expire starting the middle of this decade, but make them permanent. there s look at what the impact of that would be. as i said, they start to expire, so there s not a lot of revenue loss, if you extend them in the first couple years. then it jumps up really quickly. ....